Revenue Discrepancy

Kyndryl reported third‑quarter fiscal‑2026 revenue of $3.86 billion, a 3.1 % year‑on‑year increase that fell short of the Zacks Consensus Estimate of $3.91 billion. Adjusted EBITDA was $696 million, down 1 % YoY, while adjusted pre‑tax income rose 5 % to $168 million. Net income for the period stood at $57 million and free cash flow (non‑GAAP) was $217 million. Adjusted earnings per share were $0.52, trailing the consensus estimate of $0.60. Signings during the quarter totaled $3.9 billion. In a later press release, Kyndryl disclosed revenue of $4.8 billion for the same quarter, creating a discrepancy in reporting that was noted by analysts.